Pfizers net profit dips 17%

Written by The Financial Express | Mumbai | Updated: Jun 29 2009, 04:15am hrs
Pfizer Ltd on Saturday announced that the company has reported a dip of 17.48% in its net profit for the quarter ended May 31, 2009 at Rs 31.29 crore against Rs 37.92 crore in the corresponding quarter last year.

Net sales for the quarter stood at Rs 185.85 crore, up 13.71% against Rs 163.44 crore last year.

For six month ended May 2009 net profit of the company stood at Rs 70.30 crore and net sales during the period were Rs 371.82 crore.